Author: The Elite Times Team

[ad_1] Image credits: SatganaClimate change technology venture Satgana has reached the final deadline for its first fund, which aims to support up to 30 early-stage startups in Africa and Europe. The VC firm ended up raising £8m ($8m) after receiving commitments from family offices and high-net-worth individuals including Publicis Groupe’s Maurice Levy and Back Market co-founder Thibaut-Hugues de Larose. Achieved $8.6 million in funding. Romain Diaz, founder and general partner of Satgana, told TechCrunch that the company closed the fund early, below its initial target, and focused on investing and supporting the portfolio due to a more challenging fundraising environment…

[ad_1] E-commerce and cloud computing giant Amazon (NASDAQ:AMZN) announced an additional $2.75 billion investment in Anthropic, an artificial intelligence (AI) startup that competes with OpenAI’s ChatGPT. The investment is part of a previous agreement in which Amazon committed to investing approximately $4 billion in Anthropic. Initially, Amazon invested $1.25 billion to strengthen his AI efforts and stay competitive with industry rivals such as Microsoft (NASDAQ:MSFT) and the alphabet (NASDAQ:Google). Per the agreement, Anthropic is using Amazon Web Services (AWS) as its primary cloud provider to develop future foundation models (FM) and other critical workloads such as safety research. Additionally, the…

[ad_1] On March 26, Hashdex announced that the HashDex Bitcoin Futures ETF will be renamed the HashDex Bitcoin Futures ETF and will trade under the ticker “DEFI.” The move to convert the futures fund into a spot ETF was made in partnership with Tidal Investments LLC. DEFI said the fund has completed a transformation in its investment strategy that allows it to hold spot Bitcoin and track the Nasdaq Bitcoin reference price. Crowded ETF Marketplace Hashdex has become the 11th asset manager to launch a spot Bitcoin ETF this year, entering a crowded market dominated by two giants. BlackRock and…

[ad_1] Kazakhstan has sparked a quiet revolution in the global investment environment. It is emerging as an attractive destination for foreign direct investment (FDI). According to estimates by the Kazakh State Company, total FDI inflows into Kazakhstan over the past 30 years amounted to $431 billion. This amount accounts for 70% of FDI inflows to Central Asia. Photo courtesy of Kazakhstan Investment Major investors include the Netherlands, the United States, Switzerland, China, Russia, Belgium, France, South Korea, Germany, the United Kingdom, and Japan. Almost half of the investments will come from the European Union, with Shell, Total, Alstom, Eni, Air…

[ad_1] SOUTH BEND, Ind. – The City of South Bend is eyeing what could be the largest redevelopment project in the city’s history.The proposed new Madison Lifestyle District would add housing, hotels and commercial space to land that is currently mostly parking lots north of downtown.The city says this project, combined with its investment in Memorial Hospital’s ongoing expansion project, will include $24 million in city bonds, more than $11.5 million in state Readi funds, and $334 million in private investment funds. It is planned to be included.”This is a historic investment in the heart of South Bend. It will…

[ad_1] BlackRock, one of the world’s largest asset managers, has seen notable success with its newly launched tokenized money market fund. build. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has raised more than $160 million in just one week since its launch. BlackRock’s BUIDL Fund According to Bloomberg report, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) invests primarily in cash, U.S. Treasury bills, and repurchase contracts. The fund rewards holders with the cryptocurrency BUIDL worth $1 per token. Shareholders can transfer these tokens to other verified addresses using digital wallets approved by BlackRock’s investment vehicle…

[ad_1] Toronto and York Region Labor CouncilTORONTO, March 27, 2024 (Globe Newswire) — The province’s recent budget announcements show that publicly funded education for Ontario students continues to be underfunded. Educators and parents are demanding: “No more cuts. Fund our schools now.” Members of Toronto Elementary School Teachers, OSSTF Toronto and Toronto Education Workers Local 4400 have come together with members of parent advocacy groups such as the Ontario Autism Coalition and a broader coalition of allies to speak out against the Conservative government’s continued public funding cuts. protest. Under the banner of “Funding Our Schools,” education workers across the…

[ad_1] Singapore, March 27, 2024 /PRNewswire/ — OKX Venturesthe investment arm of a leading Web3 technology company. OKXissued an update for March 28th, 2024. OKX Ventures announces strategic investment At MyShell, we pioneer AI-integrated Web3 technology OKX Ventures today announced a strategic investment in . my shell. MyShell, a pioneer in the Web3 ecosystem leveraging open source AI foundation models and AI, offers a unique AI app store that allows creators to easily build AI-native apps that differentiate them from other AI applications. Masu.MyShell has distinguished itself in the rapidly evolving Web3 environment with its innovative approach of integrating artificial…

[ad_1] INTRODUCTION On 24 January 2024, the European Commission (“Commission”) unveiled its proposals to reform the current EU Foreign Direct Investment Screening Regulation 2019/452 (“FDI Screening Regulation”). This forms part of a wider package of five initiatives to strengthen economic security in the EU following the “growing geopolitical tensions and profound technological shifts”.1 Factors such as the desire to protect critical industries and infrastructure, cybersecurity threats and other geopolitical concerns have resulted in the global proliferation of foreign direct investment reporting, screening, and review mechanisms, with the EU and its Member States playing an important part of this picture. In…

[ad_1] Investment giant BlackRock’s Ethereum-based BUIDL fund has raised $245 million in Ethereum tokens since its launch last week. According to Etherscan data, the BlackRock USD Institutional Digital Liquidity Fund has had 10 trades since the BUIDL fund launched on March 20 with $5 million. Over the next seven days, an additional $239.8 million flowed into the ERC-20-based fund, including $92 million in Ondo short-term US Treasuries from tokenized real-world asset platform Ordo Finance. “We are excited that BlackRock is embracing securities tokenization with the launch of BUIDL, and in particular is open to extensive collaboration with ecosystem participants,” Ordo…